PHI Group Inc (PHIL)

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ASIA future looks very bright looks like Asia is the place to be doing business

the reasons for the development has been a buoyant tourism industry. To cater the increasing numbers of tourist visiting the country, Cambodia will build new airports across the country. Topping on it, are the twin airport project of New Phnom Penh International Airport, and Siem Reap New International Airport.

Thailand - U-Tapao International Airport
In addition to Suvarnabhumi Airport and Don Mueang International Airport, serving Bangkok Metropolitan Region. U-Tapao International Airport, is undergoing a major upgrade to become one of the most innovative airports and multi-modal transport hubs in Thailand. To cater the spill-over of Tourist, of the most visited country in Southeast Asia, currently being handled by the 2 major airports. This is also part of a greater plan to decongest Bangkok.

Vietnam - Long Thanh International Airport
Located 40km to the east of Ho Chi Minh City, Long Thanh airport is expected to relieve overloading at Tan Son Nhat international airport in the southern metropolis, now the country’s largest airport. Long Thanh International Airport, is the biggest single project of the History of Vietnam.

Philippines - New Manila International Airport and Clark International Airport
As Ninoy Aquino International Airport, the main gateway airport of the Philippines, already handled beyond its capacity limits. The 4 airport terminals, were designed to handle 35 million annual passengers; however, the airport has bursting as it seems, handling almost 48 million in 2019.

To answer the increasing demand for Air travel, both from domestic and International Passengers. The Philippine Government, expand and build new Airports for the convenient of local and foreign passengers. And to unlock, its business and tourism potential, for the benefits of its dynamic economy. However, the Philippines is setting up its standard, at par on its regional peers, as it is not just building a world-class Airports, but Airports with cutting edge technology, which is highly integrated with business district and mixed developments, and environmentally friendly Airports.

The Philippines will develop the 4 complementary airports system with-in Mega Manila. From Clark International Airport, of Clark Free Fort Zone in the North, to the New Manila International Airport in Bulacan, and Ninoy Aquino International Airport in Metro Manila to Sangley Point Airport, currently catering Cargo in Cavite, South of Manila.

Interesting video. Starts with VN, but you can watch the entire video on SE Asia development.

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